$320,000
Est. $1,772/moPrice reduced $179,500 from the original $499,500 asking price
4 bd•1.75 ba•1,274 sq ft
4609 S Thompson Avenue, Tacoma, WA 98408
• Listed May 21, 2026•142 days active · 142 cumulative
Listing Broker: Tran Property Group; Ly Tran; 206-383-0697; ly@trangrp.com
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Listing Broker: Tran Property Group; Ly Tran; 206-383-0697; ly@trangrp.com
About this home
Investor & developer opportunity in Tacoma! Welcome to 4609 S Thompson Ave, a property with strong potential for buyers looking to maximize value. The existing main home offers the opportunity to generate rental income while exploring future development options on the lot. With the possibility of adding 4-6 additional units, this property is ideal for investors, builders, or developers looking for a strategic project in an established Tacoma neighborhood. Conveniently located near local amenities, schools, parks, transit, and major commuter routes, this property offers both current income potential and long-term upside. Rent the main home while you work through permitting and development plans. Buyer to verify all zoning, feasibility, utility capacity, permitting, and development potential to their satisfaction. (UR3 Zone)
Listed by Ly Tran • Tran Property Group
Listing updated: October 9, 2026 at 09:12am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527375
Around this home
How much should you offer?
4609 S Thompson Avenue, Tacoma, WA 98408
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Fireplace
- Fireplace (electric)
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 4 on the main level
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1.75 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 1 Story
- 1,274 sq ft finished
Flooring
- Vinyl Plank
Heating & cooling
- Fireplace Insert heating
- None cooling
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Systems
- Energy source
- Electric
- Power production
- Electric
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
- Fireplaces on main
- 1
- Excluded items
- No
New construction
- Square footage source
- pc
- Lot size source
- pc
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 4609 S Thompson Avenue
NWMLS via MLS GridEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 9, 2026Price reducedNWMLS via MLS Grid · #2527375$320,000$251/sq ft
- May 21, 2026ListedNWMLS via MLS Grid · #2527375$499,500$392/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,364 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Tran Property Group; Ly Tran; 206-383-0697; ly@trangrp.com
Market pulse
Tacoma is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 46 days.
Recent sales nearby
Within 1 mile · last 6 months$437,500 Sold
1 day ago
3 bd•1.75 ba•~1,276 sq ft•Single Family
5927 S Yakima, Tacoma, WA 98408
1%
Over list
28
Days on market
0.8 mi
Distance
$360,000 Sold
3 days ago
2 bd•1 ba•~1,180 sq ft•Single Family
5702 Pacific Avenue, Tacoma, WA 98408
0%
Over list
—
Days on market
0.8 mi
Distance
$268,000 Sold
1 week ago
3 bd•1.5 ba•~1,532 sq ft•Single Family
5718 S D Street, Tacoma, WA 98408
16%
Under list
69
Days on market
0.8 mi
Distance
$479,000 Sold
1 week ago
4 bd•1.5 ba•~1,622 sq ft•Single Family
5019 S G Street, Tacoma, WA 98408
2%
Over list
60
Days on market
0.3 mi
Distance
$463,000 Sold
2 weeks ago
4 bd•2 ba•~1,582 sq ft•Single Family
4611 S M Street, Tacoma, WA 98408
0%
Under list
53
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 9, 2026 at 09:12am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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